Real REMAX Group Inc. Financial Ratios — REAX Stock

Profitability (USD)

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	-70.82	-83.72	-93.18	-76.91	-19.34
Return on Assets (%)	- -	-32.45	-37.73	-49.13	-50.78	-35.12	-7.59
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	12.48	13.01	9.12	8.37	9.12	9.07	8.42
EBITDA Margin (%)	-9.72	-15.43	-9.08	-5.09	-3.61	-1.88	-0.37
Operating Margin (%)	-10.59	-21.02	-9.26	-5.17	-3.77	-1.26	-0.43
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	1.74	1.06
Pretax Margin (%)	-14.29	-21.87	-9.6	-5.33	-3.95	-2.09	-0.45
Profit Margin (%)	-14.29	-21.87	-9.6	-5.39	-3.99	-2.1	-0.41
Net Income to Common Margin (%)	-14.29	-21.87	-9.6	-5.39	-3.99	-2.1	-0.41
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	-70.82	-83.72	-93.18	-76.91	-19.34

Credit (USD)

Credit Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	- -	- -	- -	- -	- -
ST Debt	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBITDA	-0.15	-0.08	-0.01	- -	- -	- -	- -
Net Debt/EBITDA	0.03	8.31	2.34	0.56	0.59	0.98	4.54
Total Debt/EBIT	-0.13	-0.08	-0.01	- -	- -	- -	- -
Net Debt/EBIT	0.03	8.02	2.29	0.55	0.57	0.93	3.59
EBITDA to Interest Expense	-2.63	-23.66	- -	-35.95	-365.91	-63.38	-13.21
EBITDA-CapEx/Interest Expense	-2.63	-23.81	- -	-38.56	-375.16	-66.16	-20.16
EBIT to Interest Expense	-2.86	-32.23	- -	-36.57	-382.5	-42.49	-15.34
Interest Expense	1	- -	- -	1	- -	- -	1
Common Equity/Total Assets	-2,926.47	27.3	67.52	50.62	57.13	37.12	40.73
Long-Term Debt/Equity (%)	- -	0.63	0.15	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-0.85	0.62	0.15	- -	- -	- -	- -
Long-Term Debt/Total Assets (%)	24.51	0.59	0.1	- -	- -	- -	- -
Total Debt/Equity (%)	-1.86	1.03	0.49	0.43	- -	- -	- -
Total Debt/Capital (%)	-1.89	1.02	0.48	0.43	- -	- -	- -
Total Debt/Total Assets (%)	54.41	0.98	0.33	0.22	- -	- -	- -
Net Debt to Equity	0.44	-102.06	-95.61	-48.39	-39.66	-72.73	-64.38
Net Debt/Capital (%)	0.45	9,965.26	-1,960.36	-92.98	-65.72	-266.64	-180.78
EBITDA	-2	-3	-11	-19	-25	-24	-7
EBITDA-CapEx	-2	-3	-11	-21	-26	-25	-11
Operating Income (Loss)	-2	-3	-11	-20	-26	-16	-8

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.11	22.02	2.81	0.89	1.06	0.6	0.66
Current Ratio	0.39	22.51	3.14	1.34	1.86	1.34	1.41
Quick Ratio	0.24	22.37	2.83	0.96	1.3	0.86	1.01
CFO/Avg Current Liab	- -	-2.19	0.25	0.36	0.79	1.19	1.02
Common Equity/Total Assets	-2,926.47	27.3	67.52	50.62	57.13	37.12	40.73
Long-Term Debt/Equity (%)	- -	0.63	0.15	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-0.85	0.62	0.15	- -	- -	- -	- -
Long-Term Debt/Total Assets (%)	24.51	0.59	0.1	- -	- -	- -	- -
Total Debt/Equity (%)	-1.86	1.03	0.49	0.43	- -	- -	- -
Total Debt/Capital (%)	-1.89	1.02	0.48	0.43	- -	- -	- -
Total Debt/Total Assets (%)	54.41	0.98	0.33	0.22	- -	- -	- -
CFO/Total Liabilities	-10.72	-144.54	12.96	28.08	69.1	89.49	87.58
CFO/CapEx	- -	-100.19	9.79	4.26	30.17	46.63	17.12
Altman's Z-Score	- -	320.87	32.27	13.85	16.43	24.76	22.12

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	191.43	655.96	423.94	172.55	122.33	114.43
Days Sales Outstanding	- -	1.91	0.56	0.86	2.12	2.98	3.19
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	593	658	189	294	931	768
- Cash & Cash Equivalents	- -	21	26	11	15	23	33
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	15	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	587	623	171	265	899	718
Total Capital	-12	21	27	23	37	32	52
Total Debt/Capital (%)	-1.89	1.02	0.48	0.43	- -	- -	- -
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	35.42	5.12	0.45	0.38	0.71	0.36
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	376	616	180	285	879	803
Diluted Enterprise Value	- -	369	581	162	256	847	753
EV per Share	- -	36.5	34.96	9.48	14.44	44.38	34.12
TTM Sales	16	17	122	382	689	1,265	1,968
TTM EBITDA	-2	-3	-11	-19	-25	-24	-7
TTM Operating Income	-2	-3	-11	-20	-26	-16	-8
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	-232.03	407.18	39.25	15.53	18.44	12.93
EV/EBIT	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	587	623	171	265	899	718
Low Price	- -	11.03	16.15	10	10	15.2	33.9
EV/Sales	- -	35.42	5.12	0.45	0.38	0.71	0.36
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	99.12	24.36	8.53	7.97	28.98	14.87
Price/Book Value Average	- -	119.26	28.03	14.79	7.28	28.28	17.73
Price/Book Value High	- -	220.36	75.25	31.68	9.91	42.52	23.01
Price/Book Value Low	- -	29.65	10.66	8.12	4.98	9.58	13.81
Price/Tangible Book Value	- -	99.12	25.34	23.09	12.02	45.27	19.94
Price/Tangible Book Value Average	- -	119.26	29.17	40.04	10.98	44.18	23.78
Price/Tangible Book Value High	- -	220.36	78.3	85.76	14.95	66.42	30.87
Price/Tangible Book Value Low	- -	29.65	11.09	21.99	7.51	14.96	18.52
Price/Sales	- -	22.69	5.06	0.47	0.41	0.7	0.41
Price/Sales Average	- -	27.3	5.82	0.82	0.38	0.68	0.49
Price/Sales High	- -	50.43	15.63	1.75	0.51	1.02	0.63
Price/Sales Low	- -	6.79	2.21	0.45	0.26	0.23	0.38
Price/Cash Flow	- -	-234.34	365.59	30.03	15.02	18.05	12.17
Price/Cash Flow Average	- -	-281.97	420.8	52.08	13.73	17.61	14.51
Price/Cash Flow High	- -	-520.99	1,129.46	111.55	18.68	26.48	18.84
Price/Cash Flow Low	- -	-70.09	160.02	28.6	9.39	5.96	11.31
Price/Free Cash Flow Average	- -	-279.19	468.67	68.06	14.2	18	15.41
Price/Free Cash Flow High	- -	-515.84	1,257.94	145.79	19.32	27.06	20.01
Price/Free Cash Flow Low	- -	-69.4	178.22	37.38	9.71	6.09	12.01
EV/Sales Average	- -	42.7	5.94	0.81	0.35	0.69	0.44
EV/Sales High	- -	79.2	16.42	1.79	0.49	1.05	0.58
EV/Sales Low	- -	10.33	2.08	0.42	0.22	0.22	0.34
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	36.88	36.9	10.5	16	46	36.5
High Price	- -	82	114	39	19.9	67.5	56.5
Enterprise Value Average	- -	707	723	309	240	876	866
Enterprise Value High	- -	1,312	1,997	683	337	1,334	1,139
Enterprise Value Low	- -	171	253	162	155	275	663

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	140	16	18	18	18	20	21
Diluted Weighted Avg Shares	140	10	17	17	18	19	22
Basic Weighted Avg Shares	140	10	17	17	18	19	22
Revenue per Share	0.11	1.63	7.29	22.26	38.69	66.15	89.53
EBITDA per Share	-0.01	-0.25	-0.66	-1.13	-1.4	-1.25	-0.33
Operating Income per Share	-0.01	-0.34	-0.68	-1.15	-1.46	-0.84	-0.39
Basic EPS, GAAP	-0.02	-0.36	-0.7	-1.2	-1.54	-1.39	-0.37
Basic EPS from Cont Ops	-0.02	-0.36	-0.7	-1.19	-1.53	-1.38	-0.37
Diluted EPS, GAAP	-0.02	-0.36	-0.7	-1.2	-1.54	-1.39	-0.37
Diluted EPS from Cont Ops	-0.02	-0.36	-0.7	-1.19	-1.53	-1.38	-0.37
Dividend per Share	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-0.01	-0.16	0.1	0.35	1.07	2.55	3
Free Cash Flow per Basic Share	-0.01	-0.16	0.09	0.27	1.03	2.49	2.82
Cash & Equivalents per Share	- -	1.32	1.94	1.04	1.58	1.62	2.37
Book Value per Share	-0.09	0.37	1.52	1.23	2.01	1.59	2.46
Tangible Book Value per Share	-0.09	0.37	1.46	0.45	1.33	1.02	1.83